New York, Oct. 31 – Iron Mountain Inc. priced £400 million of 3 7/8% senior notes due 2025 (Ba3/BB-), according to a news release.
The notes were sold via subsidiary Iron Mountain (UK) plc.
Goldman Sachs & Co. LLC, Barclays and HSBC Securities (USA) Inc. were the bookrunners on the deal.
Proceeds will be used to fund the redemption of the company’s £400 million of 6 1/8% senior notes due 2022 issued by Iron Mountain Europe plc.
Iron Mountain is a Boston-based provider of storage and information management services.
| Issuer: | Iron Mountain (UK) plc
|
| Guarantor: | Iron Mountain Inc.
|
| Issue: | Senior notes
|
| Amount: | £400 million
|
| Maturity: | 2025
|
| Bookrunners: | Goldman Sachs & Co. LLC, Barclays and HSBC Securities (USA) Inc.
|
| Coupon: | 3 7/8%
|
| Announcement date: | Oct. 31
|
| Ratings: | Moody’s: Ba3
|
| S&P: BB-
|
| Distribution: | Rule 144A, Regulation S
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
